HI5003 Economics for Business
\nHOLMES INSTITUTE
\nFACULTY OF
\nHIGHER EDUCATION
\nGroup Assessment Details and Submission Guidelines
\nTrimester T2 2022
\nUnit Code HI5003
\nUnit Title Economics for Business
\nPurpose of the
\nassessment (with
\nULO Mapping)
\ni. Students are required to work in groups of 4 members to choose an
\nindustry\/Sector of their choice. While working in a specific group, students
\nare required to apply their knowledge learned in the course unit to write
\nan industry\/sector report (Learning Outcomes 1, 2, 3, 5).
\nSee Assignment Specifications for detailed requirements
\nAssessment
\nType\/Title
\nWEIGHT LEARNING
\nOUTCOMES
\nWord
\nLimit
\nDue date
\nWritten Final
\nsubmission
\nGroup\/ Individual
\nmark
\n40% 1, 2, 3, 5 3000 See Guidelines below
\nTotal 40% 1,2,3,4,5 See Guidelines below
\nSpecific presentation and final assignment submission guidelines
\nSubmission
\nGuidelines
\n(40 marks)
\nAll work must be submitted on Blackboard by the respective due date along with a
\ncompleted Assignment Cover Page:
\nFinal industry research submission
\n(i) Due date: Week 11, Mid night Monday 26, September 2022
\n(ii) Final submission research paper on you sector or industry should not exceed 3000
\nwords
\n(iii) The assignment must be in MS Word format, single spacing, 12-pt Arial font and 2 cm
\nmargins on all four sides of the page with appropriate section headings and page
\nnumbers.
\n(iv) Reference sources must be cited in the text of the report, and listed appropriately at
\nthe end in a reference list using Harvard referencing style.
\n(v) Penalties apply for late submissions.
\n(vi) Students in a group are required to participate equitably in the group assignment and
\nthat students are responsible for the academic integrity of all components of the
\nassignment. You need to complete the following table which identifies which
\nstudent\/students are responsible for the various sections of the assignment
\n(vii) The Assignment Coversheet in the BB Group Assignment information must be
\ncompleted, signed and submitted with the assignment as it is a compulsory
\ncomponent required before any grading is undertaken.
\nGroup
\nFormation
\n1. students can form their respective groups in the BB of 4 Members maximum
\n2. If you are intending to work alone you will STILL need to enrol yourself in a group (known
\nas a ‘solo-group’). Solo group enrolment will be available to join at 12 noon on Monday
\nof week 6
\nPage 2 of 11
\nWhen solo groups open on Monday of week 6, no further 4-person groups will be
\navailable to join.
\nIf you wish to limit the size of your assignment group to 2 or 3 persons, that can only
\nbe done once solo groups are opened. One person must enroll in a solo group and then
\nrequest the Unit Coordinator to add the second (and third) member. This must be done
\nat the start of week 6.
\n3. Call members who may wish to form a group with you by using the Discussion Board
\nor during Drop-in Sessions.
\n4. Once you have agreed, go in the BB and self-enrol.
\n5. Do not join any group unless you are allowed to join the group by the existing Group
\nmembers.
\n6. In case a member joins your group without permission, REPORT immediately. The
\nname will be deleted.
\n7. All students MUST be in A GROUP by the end of WEEK 7 (September 2, 2022).
\nDo not delay starting to work on your Project Work
\nAssignment Specifications
\nPurpose:
\nThis assignment aims to enhance students\u2019 research and analytical ability through the application of their
\neconomics knowledge learned in the course unit to compose a company report.
\nThe recommended assignment structure for final submission is as follows:
\n\u23af Table of content
\n\u23af Executive Summary
\n\u23af Introduction
\n\u23af Company background
\n\u23af Industry\/sector background
\n\u23af The market structure of the industry\/sector
\n\u23af Micro-economic and macroeconomic factors that influence demand of the company\u2019s product(s) or
\nservices
\n\u23af Micro-economic and macroeconomic factors that influence supply of the company\u2019s product(s) or
\nservices
\n\u23af Elasticity
\n\u23af Recent macroeconomic event that affected the industry\/company and, Australia
\n\u23af Recommendations
\n\u23af Conclusion
\n\u23af List of References.
\nNote*: The structure content is not limited to the items listed above. Creativity for a better report
\nstructure is a key requirement.
\nPage 3 of 11
\nDetailed requirements of the assignment
\nYou are a group of advisors to the Management Board in your company with Headquarters in Australia. As
\nadvisors you are first, required to conduct research on your selected sector\/industry covering the previous 5-
\n10 years. Second, you are required to present a company strategy to your Management Board and to the
\nFederal Government of Australia covering the next 5 years. Third, your Management Board requires that you
\nmake a presentation of your findings and strategies, and you prepare a 3000-word market report.
\nNote:
\ni. if your company has many products and\/or services, you can select a representative product\/service to
\ndiscuss for points (2); (3); (4); and (5).
\nii. This report should provide useful information for your company\u2019s Management Board. It should use a
\nvariety of resources, including the textbook, newspapers, industry reports, the ABS website, and other
\nsources.
\niii. Furthermore, your report should include headings and sub-headings. It needs to be properly referenced
\nusing the Holmes Institute adapted Harvard style and at least 5 references.
\niv. The list below is provided from which you are to choose a sector\/ industry. Invalid submission will be
\nconsidered for a sector that is not included in the list below.
\nv. Indicate your research Sector\/Industry and, the company before your table of content.
\nAustralia sector\/ industry selection distribution
\n1 Agriculture: fisheries
\n2 Agriculture: Floriculture industry
\n3 Agriculture: fresh foods industry
\n4 Agriculture: Poultry and Poultry products
\n5 Agriculture: support services
\n6 Construction services: Infrastructure and heavy construction
\n7 Construction Services: Institutional and commercial building
\n8 Construction Services: Renovation services
\n9 E-commerce
\n10 Education University and tertiary institutions
\n11 Education: Early Childhood-Primary Education
\n12 Education: Nursery and Education care sector
\n13 Education: Private Schools education sector (Primary and secondary)
\n14 Education: Private Technical and Further Education (TAFE) sector
\n15 Education: Public Schools education sector (Primary and secondary)
\n16 Education: Public Technical and Further Education (TAFE) sector
\n17 Entertainment: Live performance industry
\n18 Entertainment: recorded entertainment and cinema industry
\n19 Finance: Superannuation services
\n20 Financial services \u2013 Brokerage Services
\n21 Financial services \u2013Banking sector
\n22 Financial services -Insurance Services
\n23 Financial services -Tax and audit consulting
\n24 Hair and beauty services
\n25 Health Care services- Laboratory and diagnostic care services
\n26 Health Care services- Private Health services
\n27 Health Care Services-Dental care services
\n28 Health Care-Disability services
\n29 Healthcare services- Home care and Aged Care Services
\n30 Information: land line telephone communications
\nPage 4 of 11
\n31 Leisure and hospitality: Marine tourism and charter vessels
\n32 Leisure and hospitality: Cruise services
\n33 Leisure and hospitality: Fast foods
\n34 Leisure and hospitality: Hotel and Accommodation services
\n35 Leisure and hospitality: Tour and Travels services
\n36 Leisure and hospitality: Tourism and heritage sites
\n37 Mannequins and modelling
\n38 Manufacturing beverages other: Bottled Water
\n39 Manufacturing beverages: Beer and alcoholic drinks
\n40 Manufacturing beverages: Fruit Juice Drink
\n41 Manufacturing beverages: Soft Drink
\n42 Manufacturing beverages: Spirits
\n43 Manufacturing beverages: Wine Production
\n44 Manufacturing food: Bakery products
\n45 Manufacturing food: Dairy products
\n46 Manufacturing food: flour mill and cereal food
\n47 Manufacturing food: Fruit and vegetable processing
\n48 Manufacturing food: Meat and meat products
\n49 Manufacturing food: Oil and fat manufacturing
\n50 Manufacturing food: Seafood processing
\n51 Manufacturing food: Sugar and confectionery
\n52 Manufacturing sector: machinery and equipment manufacturing including parts
\n53 Manufacturing sector: Automotive industry
\n54 Manufacturing sector: chemical manufacturing and processing: pesticides
\n55 Manufacturing sector: footwear and accessories
\n56 Manufacturing sector: Furniture and wood products
\n57 Manufacturing sector: leather
\n58 Manufacturing sector: metal
\n59 Manufacturing sector: Petroleum refining
\n60 Manufacturing sector: plastics manufacturing
\n61 Manufacturing sector: printing including small and large production runs
\n62 Manufacturing sector: pulp and paper products
\n63 Manufacturing sector: Ship building
\n64 Manufacturing sector: textiles
\n65 Manufacturing-chemical manufacturing and processing: Basic Inorganic
\n66 Manufacturing-chemical manufacturing and processing: cleaning products and toiletries
\n67 Manufacturing-chemical manufacturing and processing: Cosmetics, Perfume
\n68 Manufacturing-chemical manufacturing and processing: explosives
\n69 Manufacturing-chemical manufacturing and processing: fertilisers
\n70 Manufacturing-chemical manufacturing and processing: pharmaceutical and medicinal
\n71 Manufacturing-chemical manufacturing and processing: photographic
\n72 Manufacturing-chemical manufacturing and processing: Soap and Cleaning Compound
\n73 Manufacturing-chemical manufacturing and processing: Synthetic Resin and Synthetic Rubber
\n74 Manufacturing-chemical manufacturing and processing: Veterinary Pharmaceutical
\n75 Media and Entertainment- cinematography
\n76 Media and Entertainment- Radio services
\n77 Media and Entertainment-Music, dance and drama services
\nPage 5 of 11
\n78 Media and Entertainment-Television services
\n79 Media: Internet services (other)
\n80 Media: Internet services- Online forums
\n81 Media: Internet services- Social networks or websites
\n82 Mining: bauxite, alumina, rutile and tantalum
\n83 Mining: Coal mining
\n84 Mining: Gem and other natural resource industries
\n85 Mining: Gold
\n86 Mining: Iron ore
\n87 Mining: Oil and gas industry
\n88 Mining: Other minerals
\n89 Oil and gas exploration and production
\n90 Postal and Warehousing Professional
\n91 Property market, Rental, Hiring and Real Estate Services
\n92 Publishing industry
\n93 Quarrying industry
\n94 Quaternary sector: Computing and ICT (information and communication technologies)
\n95 Quaternary: Research and design (R&D)
\n96 Quaternary: consultancy (offering advice to businesses)
\n97 Racing industry
\n98 Real Estate
\n99 Retail trade
\n100 Scientific, Technical Services and Architectural services
\n101 Telecommunication services: Mobile cell trade services
\n102 Telecommunication services: Mobile phone manufacturing
\n103 Telecommunication Services: Mobile phone repair services
\n104 Transport services: Air freight and logistics
\n105 Transport services: Airline industry
\n106 Transport services: marine services
\n107 Transport Services: Private-for-hire Vehicle (non-rail) Industry
\n108 Transport Services: Public bus services
\n109 Transport services: Train services
\n110 Transport services: Warehousing and stevedoring
\n111 Transport: Private bus services
\n112 Utilities: Electricity supply services
\n113 Utilities: Gas supply services
\n114 Utilities: Water and Waste Services
\n115 Utilities: Water, sewerage and drainage services
\nNote:
\n(i) Two groups must not research on an identical industry or sector
\n(ii) The industry or sector selection will be first come basis
\n(iii) Send email to your Unit Coordinator for approval of the topic (sample nursing essay examples by the best nursing assignment writing service)
\n(iv) Sectors\/Industry selected will be posted in form of weekly basis announcement
\n(v) Following (i) and (iv), before choosing a combination check to identify that the Sector or
\nindustry not identified before seeking approval.
\nPage 6 of 11
\nREFERENCING GUIDELINES: Holmes Adapted Harvard Referencing
\nHolmes has now implemented a Holmes adapted Harvard approach to referencing:
\n1. Reference sources in assignments are limited to sources which provide full text access to the
\nsource\u2019s content for lecturers and markers.
\n2. Your Reference list is to be located on a separate page at the end of the essay and titled:
\nReferences.
\n3. It should include the details of all the in-text citations, arranged alphabetically A-Z by author
\nsurname. In addition, it MUST include a hyperlink to the full text of the cited reference source.
\nFor example;
\nHawking, P., McCarthy, B. and Stein, A. 2004. Second Wave ERP Education, Journal of Information
\nSystems Education, Fall, http:\/\/jise.org\/Volume15\/n3\/JISEv15n3p327.pdf
\n4. All assignments will require additional in-text reference details which will consist of the surname of
\nthe author\/authors or name of the authoring body, year of publication, page number of content,
\nparagraph where the content can be found.
\nFor example;
\n\u201cThe company decided to implement an enterprise wide data warehouse business intelligence
\nstrategy (Hawking et al, 2004, p3(4)).\u201d
\nAdherence to Referencing Guidelines is Mandatory
\nIf students do not follow the above guidelines:
\n1. Students who submit assignments which do not comply with the guidelines will incur penalties.
\n2. Students whose citations are fake will be reported for academic misconduct.
\nSTUDENT ASSESSMENT SUBMISSION AND LATE PENALTIES
\nTo be eligible to pass this unit, you must complete all forms of assessment and demonstrate achievement
\nof the learning outcomes. All assignments must be submitted electronically ONLY using a word
\nprocessor, uploaded to Blackboard via the Final Check and Submission of SafeAssign.
\nSubmission deadlines are strictly enforced and a late submission incurs penalties of 5 (five) % of the
\nassessment value per calendar day unless an extension and\/or special consideration has been granted
\nby the lecturer prior to the assessment deadline. Unless an extension and\/or special consideration has
\nbeen granted, no assessments are accepted after 14 calendar days of the due date, or the end of the
\ntrimester for assessments due later in a trimester. Students need to allow up to 24 hours for the Final
\nCheck of their assignment submission to SafeAssign to be available.
\nPage 7 of 11
\nGroup Assessment Plan
\nAn effective way for students to learn economics is through participation in a Group Assessment
\nProject. This project ( help with nursing paper writing from experts with MSN & DNP degrees) is designed to accomplish effective learning.
\nDuring the course of the semester, each of the elements of your Group Assessment, may be reviewed
\nby your Lecturer.
\nGroup Communication tools
\nFile Exchange tool:
\nAll the academic papers that are used in the assignment need to be posted on BB by using File Exchange
\ntool. Students need to highlight the discussion in the academic paper which is relevant issues related
\nto the assignment. Academic papers can be found in ProQuest (ProQuest instruction can be found in
\npage 6. Assignment will be marked ZERO if does not include references list.
\nGroup Blog:
\nAll the discussion about group assignment needs to be recorded by using Group Blog tool. The
\ndiscussion must relevant to the content of the assignment and reflects the outcome of the group
\nmeeting.
\nHow to do group assignment \u2013 Instruction
\nGroup tools
\nYour instructor chooses which communication and collaboration tools are available to your group. If
\nyou want to use a tool but don’t find on your group’s page, ask your instructor to enable it.
\nTool Description
\nFile Exchange Group members and instructors can share files in this area. All members can
\nadd and delete files, regardless of who added them.
\nGroup Blog In the group area, all members of a group can create entries for the same blog
\nand build on each entry. All course members can read and comment on a group
\nblog, but they can’t make posts unless they are members of the group. Instructors
\ncan choose to grade group blogs. All group members receive the same grade.
\nGroup Journal In the group area, all members of a group can view each other’s entries. Only
\ngroup members and instructors can view a group journal. Instructors can choose
\nto grade group journals. All group members receive the same grade.
\nSend Email Group members can email individual members or the entire group.
\nExchange files with a group
\n\u2022 With file exchange, you can share files with other members of your group, including your
\ninstructor.
\n\u2022 You can’t create folders in file exchange. With your group, decide how you want to name files so
\nthat they are easier to locate in a long list.
\nAdd a file to the file exchange
\n(i) Group Tools > File Exchange > Add File
\n(ii) Add a name for the file you want to upload. Browse for the file and submit.
\n(iii) Delete a file from the file exchange
\n(iv) You can delete any file, even if you didn’t upload it. On the File Exchange page, select Delete
\nin the file’s menu.
\nGroup Blog
\nAll the group members can discuss about the assignment by using Group Blog. Once you are allocated
\nin a group, you can see this function.
\nGroup > Group Tools > Group Blog > Create Blog Entry
\nPage 8 of 11
\nProQuest
\nTo login
\nGo to: http:\/\/www.holmes.edu.au\/ > Login > Proquest
\nUSERNAME: holmes2004 and; PASSWORD: holmes
\nProquest Tips
\nPage 9 of 11
\nHI5003 Economics for Business
\n___________________________________________________________________________________________________
\nMarking Rubric
\nCriteria Excellent (>=80%) Very good (70-79%) Good (60-69%) Satisfactory (50-59%) Unsatisfactory (<50%)
\nThe degree of
\nunderstanding and
\nknowledge about
\nthe company and
\nthe industry which
\nis shown in the
\ndescription of the
\ncompany &
\nindustry, and the
\nanalysis of market
\nstructure
\n(25 % of the total
\nmark)
\n– Excellent understanding about
\nthe company\/industry with
\ncomprehensive and updated
\ndata.
\n– Correct identification of the
\nmarket structure, supported by
\nextensive evidence about the
\napproximate number of firms in
\nthe market, market share,
\nmarket leaders, product
\nhomogeneity\/heterogeneity,
\netc.
\n– Very good understanding
\nabout the company\/ industry
\nwith some updated data.
\n– Correct identification of the
\nmarket structure, supported
\nby good evidence about the
\napproximate number of firms
\nin the market, market share,
\nmarket leaders, product
\nhomogeneity\/heterogeneity,
\netc.<\/p>\n
– Reasonable
\nunderstanding about the
\ncompany\/industry with a
\nlimited amount of
\ninformation about the
\ncompany\/industry.
\n– Address the question
\nabout market structure
\nbut mis-identify the
\nstructure or correctly
\nidentify the market
\nstructure but do not
\nprovide good evidence to
\nsupport.
\nPoor understanding
\nabout the industry and
\ncompletely wrong
\nidentification of the
\nmarket structure with
\npoor evidence to
\nsupport.
\nThe degree of
\nanalysis of demand
\nand supply
\ndeterminants; and
\nthe discussion
\nabout price
\nelasticity of
\ndemand
\n(25% of the total
\nmark)
\n– Excellent analysis about
\ndemand and supply
\ndeterminant, supported by
\nexcellent data or studies.
\n– Conclusion about elasticity is
\nstrongly supported with
\nexcellent discussions\/argument
\nor refer to studies in the
\nliterature to support the
\nconclusion
\n– Very good analysis about
\ndemand and supply
\ndeterminant, supported by
\nvery good data or studies.
\n– Conclusion about elasticity is
\nsupported with good
\ndiscussions\/argument or refer
\nto studies in the literature to
\nsupport the conclusion
\n– Good analysis about demand
\nand supply determinant,
\nsupported by good data or
\nstudies.
\n– Conclusion about elasticity is
\nsupported with limited
\ndiscussions\/argument.
\n– Reasonable analysis
\nabout demand and supply
\ndeterminant, supported
\nby limited data or studies.
\n– Conclusion about
\nelasticity is not supported
\nwith
\ndiscussions\/argument.
\n-Poor analysis about
\ndemand and supply
\ndeterminant, with no
\nsupported discussion.
\n-Conclusion about
\nelasticity is not
\nsupported with
\ndiscussions\/argument.
\nAnalysis of a recent
\nmacroeconomic
\nevent that has
\naffected the firm\/
\n-Excellent description of the
\nevent
\n–
\nthe event
\n-Reasonable discussion
\nabout the likely impact of
\n-Poor description the
\nevent
\n-Poor discussion about
\nthe likely impact of the
\nHI5003 Economics for Business 11
\nCriteria Excellent (>=80%) Very good (70-79%) Good (60-69%) Satisfactory (50-59%) Unsatisfactory (<50%)
\nindustry and,
\nnation
\n(25% of the total
\nmark)
\nmarket and nation, supported
\nby good evidence (statistics,
\nstudies or articles that discuss
\nthe actual or likely impacts).
\non the market, supported by
\nsome good evidence
\n(statistics, studies or articles
\nthat discuss the actual or likely
\nimpacts).
\nlimited evidence (statistics,
\nstudies or articles that discuss
\nthe actual or likely impacts)
\nthe event on the market,
\nnot supported by good
\nevidence
\nevent on the market,
\nnot supported by any
\nevidence
\nThe degree of
\nresearch, the
\nformat, structure,
\npresentation, and
\nwriting of the
\nreport
\n(25 % of the total
\nmark)
\n– Evidence of comprehensive
\nand relevant research with
\ncorrect referencing.
\n– Meet format requirements to
\na high standard, including clear
\nstructure, headings, word count
\n(close to approximation) and
\nexcellent presentation.
\n-Evidence of very good and
\nrelevant research with correct
\nreferencing.
\n-Meet format requirements to
\na very good standard,
\nincluding clear structure,
\nheadings, word count (close to
\napproximation) and very good
\npresentation.
\n-Evidence of good and relevant
\nresearch with correct
\nreferencing.
\n-Meet format requirements to
\na good standard, including
\nclear structure, headings, word
\ncount (close to approximation)
\nand good presentation.
\n-Evidence of reasonable
\nresearch with some
\nmistakes in referencing.
\n-Meet format
\nrequirements to a
\nreasonable standard, but
\ncould be improved with a
\nclearer structure,
\nheadings, or may have
\nbetter met word count
\napproximation) and fair
\npresentation.
\n-No good and relevant
\nresearch with many
\nmistakes in referencing.
\n-May not have followed
\nkey question selection
\nguidance, or may not
\nmeet format
\nrequirements, such as
\nclear discussions, titles
\nor headings, word
\ncount, or poor
\npresentation.<\/p>\n","protected":false},"excerpt":{"rendered":"
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